Vale Indonesia's nickel in matte output down by 5.1% YOY in 2019
2020-02-24 08:27:43 [Print]
Nickel miner PT Vale Indonesia produced 71,025 tonnes of nickel in matte last year, down 5.1% from 2018, the Indonesian mining company said last Thursday.
Sales of nickel in matte in 2019 fell 4.7% from the year ago, down to 72,044 tonnes from 75,631 tonnes in 2018.
The drop was mainly due to maintenance costs in the first half of 2019, said the company's CEO, Nico Kanter.
On a quarterly basis, production of nickel matte grew 3.4% to 20,494 in the fourth quarter, while sales grew 6.1% to 21,211 tonnes.
Sales of nickel in matte in 2019 fell 4.7% from the year ago, down to 72,044 tonnes from 75,631 tonnes in 2018.
The drop was mainly due to maintenance costs in the first half of 2019, said the company's CEO, Nico Kanter.
On a quarterly basis, production of nickel matte grew 3.4% to 20,494 in the fourth quarter, while sales grew 6.1% to 21,211 tonnes.
Ferro-nickel 10%min EXW China
Unit:RMB/dmtu
China refined nickel producers' output statistics by province by month
Unit: mt
